Stephanie LandSource: Simon and SchusterStephanie Land's daughter, Emilia, was 7 months old when Land was forced to leave her volatile partner. What came next for the single mother was homelessness and food insecurity — but somehow, at the same time, Land also worked to finish her college degree and pursue...
Alexander Spatari | Moment | Getty ImagesAmericans who move abroad still have a responsibility to file their taxes with the IRS, sometimes in addition to taxes paid in their place of residence. Unsurprisingly, the thought of renouncing their U.S. citizenship may have crossed their minds at least once.However, experts...
The IRS on Thursday announced higher federal income tax brackets and standard deductions for 2024.The agency has boosted the income thresholds for each bracket, applying to tax year 2024 for returns filed in 2025. For 2024, the top rate of 37% applies to individuals with taxable income above $609,350...
Simpleimages | Moment | Getty ImagesHeading into 2024, consumers should "economize" their budgets, pay down debt and save money, if possible, to boost their personal finances, Dana Peterson, chief economist at The Conference Board, said Thursday at CNBC's Your Money event.This "three-point action plan" is important for households since...